Scott's book an estimating rehab cost, it is very clear and helpful to anybody.It will tell you what to ask to contractors, find out your local prices by talking to contractors.Then find an agent, go check houses, look at the list, decide what needs to be done.Your agent should provide you comps, so you know if price is good or bad.If everything is greek to you, you might want to start by getting professional help as much as networking.Good Luck!!!

@Francisco Corral First you have to decide what strategy you would like to pursue.

If they want to negotiate a payment plan or decide to push back, you can deal with that in subsequent letters.

I've been doing a lot of research on Cleveland Ohio and I've decided I'm going to go visit. so next month (Oct 10th - 14th) ill be in Cleveland checking out the area. 

If she's a really good tenant though, it'll be more worth not raising it outrageous to the point she leaves, but decide what would be a workable rent for a good tenant.

Oh, and almost forgot, all of the units are within a couple blocks of each other, not sure if that makes a difference, but I'm still trying to decide whether to self manage or pay a property manager to do that.

Trying to decide between saying the rent is $775 and having no rehab costs, or $875 right out of the gate and potentially dealing with rehab costs and likely eviction process and no rent. 

I want someone to look at what I've written here and help me decide 1) whether to grow and add employees and 2) whether I need to hire a mentor to help me make sense of where I am right now. 

We decided to give it a go, and since the biggest pain in the butt of a refi is all the paperwork, we decided to do 4 houses at once since the paperwork would be the same for 4 as for 1.1st one. 

One of you could get a girlfriend that decides to run your life (I'm not joking).Another thing to consider: buying a fourplex.